Crypto lender’s Tether loan halved

Emily Parkin

One of Tether’s key partners halved its borrowings of the stablecoin in the months before the temporary loss of its dollar peg spread shockwaves through markets. Celsius Network, a crypto lender with digital assets valued at $17bn, reduced its borrowings of Tether’s USDT stablecoin down to 500m before the recent market […]